The SEC Is Mandating It International Corporations preparers no longer must reconcile to US GAAP. Will it replace US GAAP
{"Image DocumentName": "The SEC Is Mandating ItInternational Corporations preparers no longer must reconcile to US GAAP. Will it replace US GAAP?", "Image ImageDescription": "The SEC has announced a timeline (2014) for potential adoption \u2013 EU Accepts it US listed companies have the option to use IFRS \u2013 New SEC Chairman \u2013 Now my agenda SEC will access results. 2014: This would be the earliest year that the SEC would require U.S. large accelerated filers to convert their financials to IFRS. 2015: Earliest year the SEC would require U.S. accelerated filers to convert to IFRS. 2016: Earliest year the SEC would require U.S. non-accelerated filers, including smaller U.S. public companies to convert to IFRS.", "Image XResolution": "37", "Image YResolution": "37", "Image ResolutionUnit": "Pixels/Centimeter", "Image Software": "SlidePlayer", "Image YCbCrPositioning": "Centered"}